2440 Palm Ridge Rd Sanibel, FL 33957
Property profile & analytics
2440 Palm Ridge Rd, Sanibel, FL 33957
- Strip malls
- 4,066 SF
- 0.63 lot acres
Property ID
US18-4034260
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Great White Grill / Restaurant
- Sunset Air and Home Services / Hardware & Home Improvement / HVAC Service
- Keller Williams Realty - Ashton Kirchner Group / Real Estate Agency
- Newport Property Construction / Construction Company / General Contractor
- Pelican Place / Shopping Center & Mall
Property Details for 2440 Palm Ridge Rd
- Year built
- 1980
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.63 lot acres
- Zone code
- TCG
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 26-46-22-T2-0030E.0060
- APU
- 264622T20030E0060
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Sep 11, 2019 | — | Palm Ridge Associates INC | — | Deed · related | $1.2M · Sanibel Captiva Cmnty Bk |
| — | — | Palm Ridge Associates INC | — | Deed Of Trust · related | $1.2M · Sanibel Captiva Cmnty Bk |
| — | — | Palm Ridge Associates INC | — | Deed Of Trust · related | $329k · Wachovia Bank NA |
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,075,000
- 6.5%
- $995,000
- 7%
- $920,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $754,000
Market price range: $160k - $754k -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $1,390,000 Current use
- RETAIL STORES
- $1,280,000 Change: -8% Conversion: Easy
- OFFICE BUILDING
- $1,180,000 Change: -15% Conversion: Moderate
- MEDICAL BUILDING
- $1,160,000 Change: -16% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Sanibel
- County
- Lee
- State
- Florida
- Longitude
- -82.0788
- Latitude
- 26.4399
- CBSA code
- 15980
- CBSA name
- CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$25,454
$1,577,760
$1,154,609
$2,732,369
-
$1,577,760
$1,154,609
$2,732,369
